Inventories

6 Months Ended

Jun. 28, 2020

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories consisted of the following (in thousands):

	June 28, 2020		December 31, 2019
Raw materials	$	20,736	$	27,285
Work-in-process	4,111		5,503
Finished goods	28,106		27,473
	$	52,953	$	60,261

The Company recorded provisions for excess and obsolete inventories of $7,718,000 and $8,783,000 for the three-month and six-month periods ended June 28, 2020, respectively, which reduced the carrying value of the inventories to their net realizable value. The charges for the three-month period ended June 28, 2020 were due to lower projected sales of excess inventories as a result of deteriorating global economic conditions from the COVID-19 pandemic.